Michigan

Here's a look at the 11 housing markets where the share of entry-level homes for sale is greater than the share of first time home buyer shoppers.

Memories of the historic Hudson's store will mingle with hopes for the future Friday as Detroit breaks ground on what promises to be the city's tallest skyscraper.

The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. Its recent agreement to buy a deposit-rich franchise in California could help it get there.

The treasurers from Hillsdale, Branch, Jackson and Lenawee counties assembled at the Jackson County Commission Chambers recently in an effort to stem the tide of foreclosures in south central Michigan.

Aside from shutting off water to Detroit residents, no public policy draws so much criticism as the annual Wayne County auction of tax-foreclosed properties.

Nearly 1.4 million residential properties were vacant as of the end of the third quarter, representing 1.58% of all U.S. residential properties, according to Attom Data Solutions.

The Michigan company's third-quarter results were down slightly from a year earlier despite increased commercial lending and a wider net interest margin.

Lenders could be responsible for water quality issues affecting borrowers and properties if the Federal Housing Administration follows through with its response to an inspector general's report.

U.S. home prices reached a new record high in June, with values increasing 5.5% since the beginning of the year, according to Black Knight Financial Services.

Closed for nearly 30 years, the massive Michigan Central Station in Detroit is widely known for its ornate architecture and haunting emptiness and decay, but so far has missed out on the surge in redevelopment happening in the city.